ENERGY AND EMISSIONS

AMAG and its commitment to environmental and sustainability issues

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DOES GREEN ALUMINIUM EXIST? And, if so, what exactly is it?

First things first: aluminium has a silvery color and is only green once painted or anodized. This fact is important to bear in mind when scrutinizing claims of green aluminium. Ultimately, only on closer inspection does it become clear wether an assertion is just that, i.e. colored green, or wether the statement is comprehensively technically correct. AMAG has pursued the latter option for many years now. 

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AMAG Austria Metall AG: Unique set-up enabled good business performance in 2023

  • Rapid response to changes in the market and stable operating performance ensured a successful financial year for AMAG Group
  • Revenue of EUR 1,459.2 million after a record previous year (EUR 1,726.7 million)
  • EBITDA at EUR 188.4 million is the second-highest level in the company’s history (2022: EUR 247.1 million)
  • Solid net income after taxes of EUR 66.4 million (2022: EUR 109.3 million)
  • Significant increase in cash flow from operating activities of 110 % up to EUR 180.9 million (2022: EUR 86.1 million)
  • Proposed dividend of EUR 1.50 per share
  • Outlook 2024: Earnings forecast in the form of an EBITDA range premature due to uncertain market and economic development
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AMAG RECEIVES LARGE-SCALE ORDER TO SUPPLY AUDI PLANT IN GYÖR

  • AMAG signs largest multi-year contract with AUDI AG in the company's history 
  • Long-standing customer relationship is thereby strengthened and expanded 
  • Significant contribution to reducing the CO2 footprint by recycling of aluminum scrap material
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APPOINTMENT OF DR. HELMUT KAUFMANN AS NEW CEO AND CLAUDIA TRAMPITSCH AS NEW CFO

  • Dr. Helmut Kaufmann will take over the position of Chief Executive Officer (CEO) from January 1, 2024, in addition to his function as COO
  • Claudia Trampitsch becomes CFO of AMAG Austria Metall AG from January 1, 2024
  • Stability at AMAG ensured by the new composition of the Management Board
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